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101 1st - PRICE REDUCED-OWNER MUST SELL DUE TO AGE! THIS IS A MONEY MACHINE!! This 5 unit apartment house generated $30,600 per year gross income. The 3 bedroom owners unit has 2 baths and a garage. There are 4 additional apartments, 2 are two bedroom units and 2 are one bedroom units (the one bedroom units are furnished). There are coin operated washers and dryers in the basement along with a deck for the 3 bedroom unit. A second lot is included for tenant parking. Cash in on this investment opportunity!

Listing information

  • MLS® ID: 1096987
  • Status: Sale Pending
  • New Construction: No
  • Below Ground Sq. Feet: 2,280
  • County: Gogebic
  • Body of Water: None
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Lot Area: 0.24
  • Neighborhood: Bessemer C
  • Year Built: 1900
  • Parking Type Description: Underground 1 car
  • Total Square Footage: 4,170 ($7.17 per sq. foot)
  • Lot Size: 50x120 and 45x99
  • School District: Bessemer

Features

AIR CONDITIONING None
At Ski Resort No
BASEMENT Full
CABLE Yes
Class MULTIFAMILY
CONSTRUCTION Conventional Frame
ELECTRIC Yes
EXTERIOR Asphalt Shingle
EXTRAS Laundry Facilities, Porch/Deck/Patio
FIREPLACE None
Foreclosure (Y/N) No
FOUNDATION Poured
GARAGE Drive Under, One Car
HEAT Natural Gas Hot Water
NATURAL GAS Yes
Other # of Units - 5, Est.Tot. Below Grade SQFT - 2280, Est.Tot. Building SQFT - 4170, Ski Resort Name - None, Total # of Buildings - 1, Trailside Description - None, Unit 1 Appliances - Yes/Unfurnished, Unit 1 Baths - 2, Unit 1 Bedrooms - 3, Unit 1 Rooms - 6, Unit 1 Unit # - 1, Unit 1 Utilities Included - Water and Gas, Unit 2 Appliances - Yes/Unfurnished, Unit 2 Baths - 1, Unit 2 Bedrooms - 2, Unit 2 Rooms - 4, Unit 2 Unit # - 2, Unit 2 Utilities Included - Water and Gas, Unit 3 Appliances - Yes/Unfurnished, Unit 3 Baths - 1, Unit 3 Bedrooms - 2, Unit 3 Rooms - 4, Unit 3 Unit # - 3, Unit 3 Utilities Included - Water and Gas, Unit 4 Appliances - Yes/Furnished, Unit 4 Baths - 1, Unit 4 Bedrooms - 1, Unit 4 Rooms - 2, Unit 4 Unit # - 4, Unit 4 Utilities Included - Water and Gas, Unit 5 Appliances - Yes/Furnished, Unit 5 Baths - 1, Unit 5 Bedrooms - 1, Unit 5 Rooms - 2, Unit 5 Unit # - 5, Unit 5 Utilities Included - Water and Gas
OUTBUILDINGS None
SEWER City
SHORELINE Not Applicable
STYLE 2 Story
SUPPLEMENTAL HEAT None
TELEPHONE Yes
Trailside No
Type Over 4 Family
WATER City
Water View None
Waterfront None
Listing Courtesy of Faith Newberry of Re/Max Action North